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Really deep consolidation, 54.64% shorts and naked shorting.
PURE NAKED SHORTING. No one is going to profit on this stock, except shorts. Might as well dump now.
Opinion of Stock: GARBAGE. Can't even hold it's gains. Might be dilution here.
WOW, Shorts ruled yesterday, along with NAKED SHORTING:
06-28
Trade Volume: 134,390,366
Retail Volume: 52,201,823
Short Volume: 82,188,543
Short Exempt: 5,046,428 (Naked Shorting)
61.16% Percent of Short Volume
You ARE NOT going to believe this:
Shares Outstanding 35,378,254
Float 35,191,525
It is BIG. Shorts causing the problems. They always go after the NEWS because they know there will be volatility which they need to profit. It will mostly be over tomorrow and successive days and then it will fly.
Projected PPS based on Revs & OS is $4.10
DON'T BUY IN HERE, Company a bunch of LIARS. Don't believe the bull shit they publish in PR's or 8K's.
NO retail buying. Giving up on this POS as I think that the company lied about buying back $10M. When they announced the buyback the PPS was $2.14. It's now $2.39. .25 cents in one week. Guess that's not too bad, BUT.
Shorts short, MM's walk PPS down, shorts cover. Cannot win at their game as they control all. This company seems to have given up on buying back. NEVER did trust Chinese companies. They are a RIP-OFF society.
Check out BNR traders. Company buying back $10M of their stock.
Float is 105M before buyout started last week. Fun everyday.
Shorts scraping pennies off the floor. Looks like company IS NOT buying today, Friday. They cannot have spent $10M already, 2 days.
Losing battle here. DUMPING to find a money maker.
Float being reduced by $10 Million starting June 2022. All aboard.
No shorts huh? Better check with FINRA before you make a blanket statement like that.
** DIVY NEWS **
LAS VEGAS, June 22, 2022 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that the Company has approved two shareholders stock dividends. Company management is in the process of finalizing the first dividend allocation details to be announced next week.
AABB continues to advance the corporate initiative to reward its loyal shareholder base for their patience, continued support and interest in sharing the success and growth of the Company’s gold mining operations and digital asset division.
Dumping what I own. Dead money when traders buy in here. Don't like Chinese companies.
Man-O-Man, this is one POS lame stock. D U M P I N G......
Re: "can't figure it all out yet". This is called CHAOS. i don't think this idiot know what he is doing. Too damn big for CEO to get mind around.
This damn stock is being diluted. Increase in volume, decrease in PPS.
Re: "stable dividend". That is just a 'come-on' for shareholders to stick with this POS.
Dumped it. Going NOWHERE. Don't like CEO.
When you gonna learn that this is a flipper stock. This CEO has nothing but lies to keep the PPS afloat.
IMPP being DUMPED BIG TIME. What's up?
This company's PPS was going into the toilet which is why they had to do something to stop the slide so they came up with the idea of a sale of the EV sub. Crooked as the day is long.
This is a bate and switch operation headed by CEO Leandro Iglesias.
Ha, Ha....."Co Rejects Formal Offer for EV Business". How did I ever guess this would ever happen. Oldest trick in the OTC markets. Advertise a sale or merger and back out. This company is garbage.
MM's gonna continue trading it sideways with all the .42xx trades.
We need a drop dead news release, with numbers, to break the MM's backs. Those suckers a short on shares.
Wonder what the burn rate is for this company with all the subs? If you knew the burn rate one could easily project how this company is doing. I really do not trust statements like "money in the bank" unless it comes off an audited fin. report.
I truly believe that when the PPS hits .50 it will become a runaway train.
Based on level 2, and some creative marketing, the PPS will be in the range that you need. Why try to rely on the SEC. Seems pointless.
Don't drink but I get the point.
That is called "the company needs money".
Already have. That last news release about "Receiving a Formal Offer For EV Subsidiary" had a warning. There was insufficient facts and/or numbers for it to be of significance. Had that CEO wanted to impress shareholders and gain significant PPS increase he would have included as much information as possible. I am very leary when someone tries to impress me with NOT ENOUGH information. I think this company is feeding shareholders a bunch of BS.
Thanks Big RDC. Re: "NUMBERS AND FACTS". I lean more towards NUMBERS since I am a numbers type guy. FACTS is another story. FACTS to me are false flags. They can be manipulated to suit any scenario. If I see the audited "numbers" of these subs if IQST I might be convinced that the subs are legit, otherwise it's just hot air. Learned a few things in my 78 years.
Huh, awards, otc QX uplist etc? And this level of OTC says that they are immune from spouting BS? EXPECT EVERYTHING CROOKED IN THE OTC and you WILL NOT be disappointed.
Maybe it's just a bunch of hot air and BS from this company. How does anyone value BS and hot air?
Maybe an aggressive Marketing Plan for EVOSS, Fintech, and IoT is in order.
They are trying to hold the PPS from advancing. They know that based on volume history the PPS cannot go any higher without massively more volume. The averages are as follows:
Average 10 Day PPS 0.4113
Average 10 Day Retail Volume 685,499
Average 10 Day Short Volume 231,782
Average 10 Day Percent Shorted 30.79%